Shyft Group Adds New Director

A picture of Carl Esposito, Shyft Group board of director

The Shyft Group, Inc. appointed Carl Esposito to the company’s board of directors, effective March 14, 2022. In addition, Ronald Harbour, 65, a member of the Shyft Board of Directors since 2009, will retire from the board effective as of the company’s annual meeting of shareholders in May.

Esposito, 54, brings decades of experience in leading strategic product innovation and global business lines in aerospace and automotive, Shyft Group stated. Esposito is currently senior vice president and president of the E-Systems business for Lear Corp., a global automotive technology leader in seating and e-systems, roles he has held since 2019.

“We welcome Carl to the Shyft Group’s Board of Directors and look forward to his contributions,” said James Sharman, board chairman. “Carl’s longstanding business leadership in both innovation and electronics makes him a valuable addition to our board as Shyft continues to invest in R&D, particularly in electrification, to grow and add value for our shareholders.”

Prior to joining Lear in 2019, Esposito spent 30 years at Honeywell, culminating with his role as president of the Electronic Solutions Strategic Business Unit for Honeywell Aerospace, overseeing strategy, product development, and sales.

“I am pleased to join The Shyft Group during this exciting time of growth overall and, in particular, while Shyft is entering the electric vehicle space,” Esposito said. “I look forward to playing a proactive role in the company’s continued growth momentum.”

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